Crypto casino and futures trading platform Rollbit released the list of the 10 most profitable trades in February 2024. The standout achievement of the month was an Ethereum ($ETH) trade that saw a mind-boggling profit of $513,382.
The trader, identified as ‘yoush,’ executed a successful long position on Ethereum with an entry price of $2,918.22. Leveraging a wager of $35,000, they strategically navigated the market to an exit price of $3,346.27, achieving an extraordinary return on investment (ROI) of 1466.81%.
However, another trader named ‘Reese,’ who notched up two nearly identical wins at the top of the leaderboard, boasting an incredible 91,594% ROI, stole the limelight.
Here are some of the notable trades that contributed to the buzz:
- Reese’s trade on SOL with an entry price of $80.8179 and a wager of $14,950.00 resulted in an ROI of 2288.57%, with a profit of $342,141.50.
- Hidde’s strategic move on BTC, entering at $42,921.53 with a $15,000.00 wager, yielded a profit of $243,956.17 and an ROI of 1626.37%.
- Istone’s BTC trade showcased an ROI of 678.58%, with a profit of $192,717.58, entering at $54,592.43 with a $28,400.00 wager.
- Devth’s trade on BTC achieved an impressive ROI of 1081.12%, with a profit of $135,140.15, entering at $51,004.93 with a $12,500.00 wager.
Resilience and Fluctuations
Rollbit’s performance in the crypto futures trading over the past three months highlights both resilience and fluctuations in revenue. In December, the platform recorded $10 million in crypto futures revenue, showcasing a robust start to the period. But January and February revenues at $7.8 million and $6.17 million respectively could not match the momentum seen in December.
In February, there was a slight dip as the revenue dropped, signaling a 25.8% decrease compared to the previous month.
The overall revenue from casino, sports betting, and crypto futures trading at Rollbit has consistently increased over the last three months, recording $58 million in December 2023, $64.9 million in January 2024, and $62 million in February (29 days) 2024.
